ValuEngine upgraded shares of Greenhill & Co., Inc. (NYSE:GHL) from a buy rating to a strong-buy rating in a research report report published on Thursday, July 6th.

GHL has been the subject of several other reports. Zacks Investment Research lowered Greenhill & Co. from a buy rating to a hold rating in a research note on Tuesday, March 28th. Nomura restated a sell rating and set a $21.00 price target on shares of Greenhill & Co. in a research note on Monday, May 1st. TheStreet upgraded Greenhill & Co. from a c+ rating to a b- rating in a research note on Thursday, March 30th. UBS AG dropped their price target on Greenhill & Co. from $21.00 to $19.00 and set a sell rating for the company in a research note on Friday, April 28th. Finally, Keefe, Bruyette & Woods assumed coverage on Greenhill & Co. in a research note on Friday, June 2nd. They issued a market perform rating for the company. Seven equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of Sell and a consensus target price of $22.00.

Greenhill & Co. (GHL) traded up 0.58% during trading on Thursday, reaching $17.45. The company’s stock had a trading volume of 324,809 shares. Greenhill & Co. has a 1-year low of $16.85 and a 1-year high of $32.45. The company’s 50-day moving average is $19.99 and its 200-day moving average is $25.16. The company has a market capitalization of $516.12 million, a P/E ratio of 13.34 and a beta of 1.29.

Greenhill & Co. (NYSE:GHL) last released its earnings results on Thursday, July 27th. The financial services provider reported $0.20 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.10. The business had revenue of $67.27 million for the quarter, compared to analysts’ expectations of $72.25 million. Greenhill & Co. had a return on equity of 15.64% and a net margin of 13.98%. The business’s quarterly revenue was down 25.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.62 earnings per share. Equities analysts anticipate that Greenhill & Co. will post $0.55 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Greenhill & Co., Inc. (NYSE:GHL) Lifted to Strong-Buy at ValuEngine” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/04/valuengine-upgrades-greenhill-co-inc-nyseghl-to-strong-buy-updated-updated-updated.html.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 27th. Shareholders of record on Wednesday, September 13th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $1.80 dividend on an annualized basis and a yield of 10.32%. Greenhill & Co.’s dividend payout ratio (DPR) is presently 135.34%.

Large investors have recently modified their holdings of the stock. Texas Permanent School Fund raised its stake in shares of Greenhill & Co. by 0.4% in the first quarter. Texas Permanent School Fund now owns 19,914 shares of the financial services provider’s stock worth $583,000 after buying an additional 78 shares during the period. Louisiana State Employees Retirement System increased its position in Greenhill & Co. by 2.8% in the first quarter. Louisiana State Employees Retirement System now owns 11,200 shares of the financial services provider’s stock worth $328,000 after buying an additional 300 shares in the last quarter. Arizona State Retirement System increased its position in Greenhill & Co. by 2.1% in the first quarter. Arizona State Retirement System now owns 14,342 shares of the financial services provider’s stock worth $420,000 after buying an additional 300 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in Greenhill & Co. by 4.0% in the first quarter. BNP Paribas Arbitrage SA now owns 9,483 shares of the financial services provider’s stock worth $278,000 after buying an additional 363 shares in the last quarter. Finally, Legal & General Group Plc increased its position in Greenhill & Co. by 0.9% in the first quarter. Legal & General Group Plc now owns 47,880 shares of the financial services provider’s stock worth $1,402,000 after buying an additional 404 shares in the last quarter. Hedge funds and other institutional investors own 94.47% of the company’s stock.

Greenhill & Co. Company Profile

Greenhill & Co, Inc is an investment bank. The Company provides financial and strategic advice on domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, capital raising and other transactions to a diverse client base, including corporations, partnerships, institutions and governments globally.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Greenhill & Co. (NYSE:GHL)

Receive News & Stock Ratings for Greenhill & Co. Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenhill & Co. Inc. and related stocks with our FREE daily email newsletter.